The rapid development of blockchain technology has propelled the tokenization of real world assets (RWA) in a new direction in the financial industry. This paper delves into market changes, technology applications, actual cases, and regulatory policies to provide a comprehensive overview of the current development, application fields, and future prospects of RWA. The research found that RWA has already made significant attempts to implement securities, intellectual property rights, artworks, agriculture, and other fields, demonstrating broad market prospects, but there are still problems such as unclear legal frameworks and high technical thresholds to be resolved. In the future, RWA needs to focus on technological innovation, expand the market, improve supervision, strengthen cross-industry collaboration, and build a robust decentralized finance (DeFi) ecosystem. This not only provides decision-making references for relevant parties but also helps promote the development of RWA in the global financial system and the integration of traditional assets and digital assets.
Bijun Peng (Thu,) studied this question.